Resource · Insurance
Long-Term Care Planning
The four ways to fund care — insurance, self-funding, hybrid policies, and Medicaid planning.
Many people need some form of long-term care later in life, and Medicare and health insurance generally don’t pay for it. This guide explains what care can cost in Ohio and the main ways to plan for it.
What’s inside
What care costs
Typical costs for home care, adult day services, assisted living, and nursing homes, nationally and in Ohio.
Three ways to fund care
Setting aside your own reserve, a hybrid life and long-term care policy, or a traditional long-term care policy, with who each tends to fit.
When to decide
Why your late 50s to early 60s is often the time to look at coverage, and how a change in health can affect your options.
Our perspective
The path we tend to lean toward in different situations, and why waiting can narrow your choices.
If you already have a policy
What to look for in your current policy, and what to do if a premium increase arrives.
Have the conversation early
Download the guide and talk it through with your spouse or family. We can help you weigh the options against your full plan.
This content is for informational purposes only and is not individualized advice.